Laura And Cal Turner Family Y M C A Foundation Inc

Laura And Cal Turner Family YMCA Foundation maintains stable asset growth with no reported officer compensation.

EIN: 20706251 · Bowling Green, KY · NTEE: P112 · Updated: 2026-03-28

$211KRevenue
$131KGross Revenue
$1.5MAssets
90/100Mission Score (Excellent)
P112
Laura And Cal Turner Family Y M C A Foundation Inc Financial Summary
MetricValue
Total Revenue$211K
Total Expenses$92K
Program Spending90%
Net Assets$1.4M
Transparency Score90/100

Is Laura And Cal Turner Family Y M C A Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Laura And Cal Turner Family Y M C A Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Laura And Cal Turner Family Y M C A Foundation Inc

Laura And Cal Turner Family Y M C A Foundation Inc (EIN: 20706251) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code P112. The organization reported total revenue of $211K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laura And Cal Turner Family Y M C A Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Laura And Cal Turner Family Y M C A Foundation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$99K
Total Expenses$92K
Surplus / Deficit+$6K
Total Assets$1.4M
Total Liabilities$114
Net Assets$1.4M
Operating Margin6.6%
Debt-to-Asset Ratio0.0%
Months of Reserves182.7 months

Financial Health Grade: A

In 2023, Laura And Cal Turner Family Y M C A Foundation Inc reported a surplus of $6K with revenue exceeding expenses, holds 182.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Laura And Cal Turner Family Y M C A Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+19.5%-10.5%+0.5%
2022+20.9%+442.4%-1.4%
2021-24.0%-66.2%+3.6%
2020+18.9%-21.4%+2.5%
2019+6.3%-0.4%+0.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Laura And Cal Turner Family Y M C A Foundation Inc. demonstrates consistent financial stability with assets steadily growing, reaching $1,404,635 in 2023. The organization's revenue has fluctuated, with a notable increase to $98,719 in 2023 from $82,640 in 2022, indicating a positive trend in recent fundraising or investment income. Expenses have generally remained below revenue in recent years, such as in 2023 where expenses were $92,240 against $98,719 in revenue, suggesting prudent financial management. The foundation's primary function appears to be asset management and providing support, as indicated by its NTEE code P112 (Foundations & Fund-Raising Organizations). A key aspect of its financial health is the consistent growth of its asset base over the past decade, from $1,344,995 in 2014 to $1,404,635 in 2023. This growth, coupled with minimal liabilities (e.g., $114 in 2023), points to a strong balance sheet. The absence of reported officer compensation across all filings suggests that the organization is either volunteer-led at the executive level or compensation is handled through an affiliated entity, which is a positive indicator for donor confidence regarding administrative overhead. Given its role as a foundation, the 'spending efficiency' would primarily relate to its investment management and grant-making activities, which are not fully detailed in the provided summary. However, the consistent asset growth and low liabilities suggest effective stewardship of its endowment. The lack of officer compensation directly reported on the 990s enhances its transparency profile regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Laura And Cal Turner Family Y M C A Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Laura And Cal Turner Family Y M C A Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$99KTotal Revenue
$92KTotal Expenses
$1.4MTotal Assets
$114Total Liabilities
$1.4MNet Assets
  • The organization reported a surplus of $6K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated by an affiliated entity, which is a strong positive for minimizing administrative overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Laura And Cal Turner Family Y M C A Foundation Inc:

  • Consistent asset growth, from $1,344,995 in 2014 to $1,404,635 in 2023, demonstrating strong financial stewardship.
  • Zero reported officer compensation across all filings, indicating very low administrative overhead related to executive pay.
  • Minimal liabilities, with only $114 reported in 2023, reflecting a healthy balance sheet.
  • Positive net income in most recent years (e.g., $98,719 revenue vs. $92,240 expenses in 2023), contributing to asset growth.

Frequently Asked Questions about Laura And Cal Turner Family Y M C A Foundation Inc

Is Laura And Cal Turner Family Y M C A Foundation Inc a legitimate charity?

Laura And Cal Turner Family Y M C A Foundation Inc (EIN: 20706251) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $211K. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Laura And Cal Turner Family Y M C A Foundation Inc spend its money?

Laura And Cal Turner Family Y M C A Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Laura And Cal Turner Family Y M C A Foundation Inc tax-deductible?

Laura And Cal Turner Family Y M C A Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20706251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Laura And Cal Turner Family Y M C A Foundation Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Laura And Cal Turner Family Y M C A Foundation Inc is above average for NTEE category P112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Laura And Cal Turner Family Y M C A Foundation Inc located?

Laura And Cal Turner Family Y M C A Foundation Inc is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 20706251. It is classified under NTEE code P112.

How many years of IRS 990 filings does Laura And Cal Turner Family Y M C A Foundation Inc have?

Laura And Cal Turner Family Y M C A Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $211K in total revenue.

What specific programs or grants does the foundation support?

The provided data does not detail specific program expenditures or grants made by the foundation. Its NTEE code P112 suggests it primarily functions as a grant-making or fundraising entity for the YMCA.

How does the foundation manage its investments to achieve asset growth?

While the data shows consistent asset growth from $1,344,995 in 2014 to $1,404,635 in 2023, the specific investment strategies or management fees are not detailed in the provided IRS 990 summary.

Is the foundation financially sustainable given its revenue and expense fluctuations?

Yes, despite fluctuations in annual revenue and expenses, the foundation has consistently maintained and grown its asset base, indicating long-term financial sustainability and effective management of its endowment.

Filing History

IRS 990 filing history for Laura And Cal Turner Family Y M C A Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Laura And Cal Turner Family Y M C A Foundation Inc's revenue has grown by 12.1%, moving from $88K to $99K. Total assets increased by 6% over the same period, from $1.3M to $1.4M. Total functional expenses fell by 33%, from $138K to $92K. In its most recent filing year (2023), Laura And Cal Turner Family Y M C A Foundation Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $114 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $99K $92K $1.4M $114
2022 $83K $103K $1.4M $147 View 990
2021 $68K $19K $1.4M $211 View 990
2020 $90K $56K $1.4M $82
2019 $76K $72K $1.3M $153 View 990
2018 $71K $72K $1.3M $250 View 990
2017 $67K $74K $1.3M $359 View 990
2016 $70K $73K $1.3M $326 View 990
2015 $71K $74K $1.3M $0 View 990
2014 $84K $135K $1.3M $0 View 990
2013 $80K $19K $1.4M $0 View 990
2012 $86K $77K $1.3M $0 View 990
2011 $88K $138K $1.3M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $99K, expenses of $92K, and assets of $1.4M (revenue +19.5% year-over-year).
  • 2022: Revenue of $83K, expenses of $103K, and assets of $1.4M (revenue +20.9% year-over-year).
  • 2021: Revenue of $68K, expenses of $19K, and assets of $1.4M (revenue -24.0% year-over-year).
  • 2020: Revenue of $90K, expenses of $56K, and assets of $1.4M (revenue +18.9% year-over-year).
  • 2019: Revenue of $76K, expenses of $72K, and assets of $1.3M (revenue +6.3% year-over-year).
  • 2018: Revenue of $71K, expenses of $72K, and assets of $1.3M (revenue +5.8% year-over-year).
  • 2017: Revenue of $67K, expenses of $74K, and assets of $1.3M (revenue -4.0% year-over-year).
  • 2016: Revenue of $70K, expenses of $73K, and assets of $1.3M (revenue -1.0% year-over-year).
  • 2015: Revenue of $71K, expenses of $74K, and assets of $1.3M (revenue -15.6% year-over-year).
  • 2014: Revenue of $84K, expenses of $135K, and assets of $1.3M (revenue +4.1% year-over-year).
  • 2013: Revenue of $80K, expenses of $19K, and assets of $1.4M (revenue -7.0% year-over-year).
  • 2012: Revenue of $86K, expenses of $77K, and assets of $1.3M (revenue -1.8% year-over-year).
  • 2011: Revenue of $88K, expenses of $138K, and assets of $1.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Laura And Cal Turner Family Y M C A Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Laura And Cal Turner Family Y M C A Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Kentucky

Explore more nonprofits based in Kentucky with AI-powered transparency reports.

View all Kentucky nonprofits →

Similar Organizations (NTEE P112)

Other nonprofits classified under NTEE code P112.

View all P112 nonprofits →

Explore Related Nonprofits

Browse by State